CMU School of Drama


Friday, September 18, 2015

Philadelphia Theatre Company gets its theater back

www.philly.com: After a long period of uncertainty that threatened its survival, Philadelphia Theatre Company has struck a sweet deal to buy back its home.

The troupe on Thursday bought its space at Broad and Lombard Streets for $5 million from TD Bank, which had taken possession of its Suzanne Roberts Theatre after PTC stopped making mortgage payments in 2012; the bank later foreclosed.

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